Michael Outar

Michael is the owner of Moleo Capital Holdings, Inc. Michael had no prior experience in real estate when he decided to obtain his general contractor's license in 2017. Since then, he has built a successful track record of flipping multiple homes. Over the past five years, Michael has constructed ten new duplexes, which he holds as long-term investments. He has discovered that the build-and-refinance method works better for him than the rehab-and-refinance method, allowing him to turn equity into capital to fund future projects. He self-manages his properties, focusing on renting them by the bedroom. In addition to his work with duplexes, he has built multifamily properties for other investors. Recently, he expanded his business ventures by acquiring self-storage units, recognizing the growing demand for storage solutions in his area. Looking ahead, Michael aspires to develop a cottage community in Asheville, where he envisions maximizing the land for smaller dwellings. Outside of his professional pursuits, he is actively involved in his church. He values his downtime and enjoys spending quality time with his wife and children, creating lasting memories together.